https://www.taxtmi.com/notifications?id=128925 Central Government approved three units under Agricultural Development Trust, Baramati as institutions engaged in research for the purposes of clause (ii) of sub-section (1) of section 35, from assessment year 2018-2019, subject to conditions: sums received must be used for scientific research conducted by faculty or students; separate books of accounts for research receipts/expenditure must be maintained and audited with the audit report filed by the return due date; an auditor-certified statement of donations used exclusively for core scientific research must be furnished; and a statement describing research undertaken, publications, patents, and planned programmes with allocations must be filed. Approval may be withdrawn for non-compliance or cessation of genuine research. en-us Wed, 06 Mar 2019 00:00:00 +0530 Fri, 08 Mar 2019 12:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=128925 Central Government approved three units under Agricultural Development Trust, Baramati as institutions engaged in research for the purposes of clause (ii) of sub-section (1) of section 35, from assessment year 2018-2019, subject to conditions: sums received must be used for scientific research conducted by faculty or students; separate books of accounts for research receipts/expenditure must be maintained and audited with the audit report filed by the return due date; an auditor-certified statement of donations used exclusively for core scientific research must be furnished; and a statement describing research undertaken, publications, patents, and planned programmes with allocations must be filed. Approval may be withdrawn for non-compliance or cessation of genuine research. Notifications Income Tax Wed, 06 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=128925